SIDERA

tivere (44)in #tivere • 6 years ago

PRELIMINARY

The advent of cryptocurrency is one of the world’s best innovation but not without some setbacks, the use of cryptocurrency as a standard mode of payment is accepted by few. Most holders of bitcoin use it primarily to purchase other cryptocurrencies, they are unable to purchase everyday supplies with their digital assets like groceries, milk, bread, clothes, shoes, cosmetics amongst other real-life necessities. Newbies are unable to manage private keys to their wallets, get defrauded or scammed, and they can easily get phished by using malicious links amongst other complexities they face.

INTRODUCING SIDERA

SIDERA is the first physical decentralized wearable exchange which doesn’t depend on any centralized authority, users can conveniently and securely trade cryptocurrencies peer to peer with the use of decentralized wristbands. SIDERA is a network whose mission is to curb the complexities faced by crypto lovers at large by introducing a simple, fast and more convenient way of using cryptocurrencies as a standard mode of payment for services rendered. With the use of smartphones and smartwatches (smartbands) payments will be made easier, generally accepted, and in turn, a vast number of persons will adopt cryptocurrency usage. SIDERA is determined to bridge the gap between [G4] the usage of FIAT (government issued currency) with digital assets (cryptocurrency) when making payments, SIDERA will help generate a great influx of both new, old, big and small cryptocurrencies. Traditionally, FIAT is mostly accepted by retailers and not cryptocurrencies but with the help of SIDERA, this will not be the case.

SIDERA’s smartbands and mobile applications (SmartBids apps) will soon be used in shops, cinemas, shopping malls, restaurants, café when making payment. This network will help the growth of digital assets globally after launch SIDERA will be able to reach over a billion user mark because of its numerous uses and functionalities. This new revolution is the first of its kind, the very first wallet that can be carried on the wrist. This unique technology offers an opportunity for users to store their funds (digital assets) in an amazing, easy and smart way, with the provision of multi-layer security by SIDERA assets cannot be stolen. Digital assets are securely kept around the wrist, allows offline wrist to wrist transactions, fully encrypted with a military grade multilayered encryption.

SIDERA TECHNOLOGIES

★ NFC (near field communications) payment

★ POS (point of sale) payment

★ DWD (decentralized wearable devices)

★ SMARTBID (BitBands, BitWatch, and BitWatch visionary)

★ SECURE, ANTI-THEFT SYSTEM

SMARTBIT PROJECT

This enables users to send, receive and manage their assets ranging from Bitcoins (BTC), and other cryptocurrency or ERC-20 compatible token from their wrist in a conducive and secure way. The smartwatch is tied to a companion app which handles features like contacts, addresses, blockchain sync amongst others.